Performance Economic Indicators

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Testimonial

We found iVenator to be efficient and professional and we like working with people who...

Allan Cooper, New York, NY

Improving economic performance can be accomplished by controlling and cutting costs and increasing revenue. iVenator technology solutions help our clients do at least one but, in most circumstances,…BOTH! All iVenator recommendations must deliver significant, measurable ROI. The solutions provided are efficient because, unlike larger software vendors and consultants, iVenator solutions do not require multitudes of consultants and the resulting time and cost consequences to implement. iVenator evaluates the human factors involved in any process and incorporates the results of that study into all solutions resulting in productivity increases that other companies cannot deliver.

Cost cutting categories include:
  • Cost savings, cost reductions and cost avoidance from process integration, consolidation and re-engineering of those processes/activity driven by industry, functional or activity based best practices
  • Productivity improvements and manpower utilization (FTE reductions) associated with process optimization, behavioral change and compliance
  • Automating manual activity evidenced by the overuse of excel spreadsheets
  • Quality of data (knowing where to find and access the data) and data aggregation combined with Business Intelligence (BI) and process improvements make key information readily available for better business decisions
  • Spend management review, analysis and disciplines of the entire spend or activity category with laser focus on cost reduction opportunities
Revenue increase opportunities include:

Turning data from social media and emails, among other sources, including legacy data bases, into actionable information will improve marketplace knowledge allowing for better understanding of the customers needs and behaviors resulting in significantly more targeted marketing and a dramatic increase sales. More insightful and detailed marketplace knowledge also delivers a competitive advantage allowing companies with iVenator information solutions to react more quickly and, more importantly, make decisions more accurately.

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